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Ironshore in talks with new Lloyd's insurer
Former Quanta Syndicate among targets as Bermudian continues search for Lloyd's platform
30 May 2008
Heath completes partial transfer of wholesale units
The protracted saga of Cooper Gay's acquisition of Heath Lambert's wholesale units was finally completed as The Insurance Insider went to press with the transfer of some of the up-for-sale operations to the expanding (re)insurance broker.
30 May 2008
ACE and Swiss Re to launch CDO risk portfolios
Reinsurers seek to actively manage cat risk in capital markets as 2008's US windstorm season begins
30 May 2008
Discounts for Virgin as airline rates drop again
The Virgin group successfully gained a reduction in rates for two of its three airlines in the May renewals as the market continues its struggle to get airborne.
30 May 2008
Green light for Lloyd's to sidestep RITC burden
Lloyd's insurers may be free to operate without annual venture restriction following HM Treasury guidance
30 May 2008
Florida considers $3-5bn reinsurance programme
Trio of brokers approach traditional and collateralised capacity as official hurricane season begins on 1 June
30 May 2008
IAG to ring changes in wake of CEO departure
Australian insurer will need to bring shareholders back on side if it is to remain an independent company despite QBE walking away
30 May 2008
Will QBE look again at RSA?
Despite being spurned by IAG, QBE has told investors it plans to carry on with its M&A growth strategy and this might mean the insurer looks again at RSA.
30 May 2008
JLT to pay up to £8mn for HWS
UK-listed intermediary Jardine Lloyd Thompson (JLT) could pay up to £8mn for independent London market (re)insurance broker Harman Wicks & Swayne (HWS), The Insurance Insider understands.
30 May 2008
Catlin UK chief quits for Jubilee
Former Catlin UK CEO Andreas Loucaides has resigned from the group to take up a new post at Lloyd's insurer Jubilee subject to regulatory approval, The Insurance Insider can reveal.
30 May 2008
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